Shimmer Network Staking
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What is Shimmer Network Staking?
An incentivized staging network for the IOTA mainnet. This means that features are added to Shimmer for testing in production before they are later released on the IOTA mainnet
Key Staking Facts
Verified Providers0
ConsensusProof of Stake
Active Validators-
Stakers-
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Learn about Shimmer Network Staking
Shimmer will accompany IOTA on its path to become a fully decentralized, programmable multi-asset ledger. The series of upgrades that will first be introduced on Shimmer are:
- Programmable multi-asset ledger, with the introduction of output types and tokenization on the base layer,
- Smart Contracts, with the introduction of IOTA Smart Contracts; agnostic multi-chain smart contracts are fully EVM-compatible
- Full decentralization, with the IOTA 2.0 protocol and its leaderless consensus algorithm, currently live on a public testnet
- Sharding and further optimizations, such as Layer 1 DeFi and more sophisticated output types.
Details of staking will be announced shortly. Staking SMR will launch is planned for Q3 2022.
Reward details of staking will be announced shortly. Staking SMR launch is planned for Q3 2022.
Once the staking mechanism is fully disclosed, risks of staking SMR will be covered here.
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